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The course provides conceptual frameworks and introduces specialised tools to help you to understand how to create market value for the firm. The focus on market value contributes a unique finance-based perspective that assists you to develop a broader understanding of the management and operation of business enterprises.

This course is a required technical and professional competency component of CPA and CAANZ accreditation and specifically addressing Technical Competency Area 6.

The objective of the financial manager is to create market value for owners of the business enterprise. In this course, the concepts and tools that are needed to make decisions consistent with an increase in the market value of the firm are examined. The concepts and tools that are covered include free cash flow, interest rates and market efficiency, the time value of money and the valuation of future cash flows, risk and return, bond and share valuation, capital budgeting, the cost of capital, working capital management, capital structure and dividend policy.